European Stocks Turn Lower on Worries Over Earnings, Geopolitics
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European stocks fell on Wednesday as a rally in tech stocks ran into a post-earnings pullback in Kering SA and Roche Holding AG, as well as heightened worries over geopolitics.
The Stoxx Europe 600 Index closed 0.5% lower in London, a day after its strongest session since January. Technology stocks outperformed as chipmakers rallied on Texas Instruments Inc.’s outlook, which suggested that a slump in demand for industrial components may be easing. Miners also pushed basic resources sector higher.